House for rent in Sankt Augustin / Menden (Rheinland), Germany

• Bad 1
• Bad Wanne
• Garten
• Keller

From a buyer's perspective, this 1,000€ Kaltmiete property located in 53757 Sankt Augustin / Menden (Rheinland) offers approximately 105 m² of living space with 4 rooms. The property description highlights the following features: * Ground floor: The ground floor comprises an open-plan design with a large combined living/dining room and kitchen, accompanied by a guest WC. Additionally, you can access a generous terrace with a beautiful garden. * Upper floor: The upper floor consists of a hall leading to the bedrooms. There is a spacious master bedroom, in addition to two more rooms which can be used as kids' or home office rooms. You'll also find a bathroom with shower and WC on this floor. * Basement: The basement offers a fully equipped utility room with a washing/drying area, a larder room, and a large storage or hobby room with daylight and underfloor heating. The property is situated in a quiet, yet central neighborhood, providing easy access to the local conveniences. The monthly rent is 1,050€ with an additional 30kr VAT ("Garage"), plus recurring expenses such as electricity, heating, and other variable costs calculated to a monthly expense of approximately 200€. As an investment, the property appears to be reasonably priced given the size and location. The rental income covers most of the expenses, excluding the mortgage, if there is one. The Kaltmiete of 1,000€ renders a yield of approximately 3.9% of the purchase price, which is not a great rental yield, but long-term appreciated properties in this area might gradually increase the income over time. Deeper analysis of the area will be needed to determine future rental demand, growth, and the optimal strategy for rental increase. This property seems suitable for those interested in owning an attractive investment in a relatively quiet, yet centrally located neighborhood, with enough space for a small or growing family.